Seoul / Hong Kong- Hyundai Motor Group., has signed a major multi-party agreement with companies from Korea, Hong Kong, Mainland China and France to support the development of a full hydrogen ecosystem in Hong Kong. The announcement was made during the International Hydrogen Development Symposium 2026, held in Hong Kong from May 18–20, 2026.
The initiative follows an intergovernmental MoU between Korea and Hong Kong to strengthen hydrogen policy cooperation and business partnerships. Building on this framework, Hyundai Motor Group will work with its partners to develop hydrogen production, storage, refueling infrastructure and commercial vehicle deployment in Hong Kong.
The project aims to position Hong Kong as a strategic hydrogen hub for the Asia-Pacific region. Hyundai Motor Group plans to use its HTWO hydrogen platform and fuel cell technologies to support the city’s clean energy transition, while also contributing to Hong Kong’s Climate Action Plan 2050 and carbon neutrality goals.
A key focus of the project will be Waste-to-Hydrogen production, using underutilized landfill gas resources to generate low-carbon hydrogen. The plan also includes the introduction of hydrogen fuel cell buses, including tour buses and airport shuttle buses, to support Hong Kong’s transport and tourism sectors.
Hyundai’s HTWO Guangzhou facility will supply fuel cell systems for hydrogen commercial vehicles tailored to local requirements. In addition, the partners will work on developing hydrogen refueling stations at high-traffic locations to support daily fleet operations.
The MoU brings together 10 specialized companies, including Hyundai Motor Company, Hyundai Engineering & Construction, JEA ENG, Towngas, Veolia Hong Kong, China Inspection Company, Jiangsu Guofu Hydrogen Energy Equipment, Templewater, Chun Wo Construction & Engineering and Chun Wo Bus Services.
According to Hyundai Motor Group, the immediate priority will be to confirm the project site by 2027 and begin facility design. The company and its partners are targeting a fully operational, self-sustaining hydrogen ecosystem in Hong Kong by the end of 2030.
The agreement marks another step in Hyundai Motor Group’s global hydrogen expansion strategy. Alongside its Hong Kong plans, the Group is already developing clean hydrogen initiatives in Korea and Indonesia, further strengthening its role in the global hydrogen economy.
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